U.S. stocks rise; Ford gains on results, restructuring

NEW YORK (MarketWatch) -- U.S. stocks rose in midday trading Monday, helped by a drop in crude-oil prices, with optimism over Ford's better-than-expected results and its latest restructuring plan spilling over to Dow component General Motors, and helping the blue-chip index turn positive once more for the year. See full story.

Ford to cut up to 30,000 jobs, shut 14 plants

SAN FRANCISCO (MarketWatch) -- Ford Motor Co. on Monday said it will cut up to 30,000 jobs and shut 14 manufacturing plants in an effort to slash $6 billion in costs by 2010 and restore its embattled North America auto operations to profitability by 2008. See full story.

RIM appeal spurned by Supreme Court

WASHINGTON (MarketWatch) - Research in Motion Ltd. on Monday lost its bid to get the U.S. Supreme Court to review a patent dispute that threatens to force the company to stop selling its popular BlackBerry device. See full story.

Albertson's deal gets done for $17.4 billion

NEW YORK (MarketWatch) -- Supervalu, CVS Corp. and an investment group led by Cerberus Capital Management said Monday they would acquire troubled supermarket operator Albertson's Inc. for $17.4 billion cash, stock and debt. See full story.

Google shares rise as analysts remain bullish

SAN FRANCISCO (MarketWatch) - Google Inc. shares rose as much as 5.8% Monday, one trading day after the stock suffered its biggest percentage drop, as several Wall Street analysts urged their clients to buy on the dip and kept their lofty price targets for the shares. See full story.

Jon Friedman's Media Web: Fickle CNN slouches to the right

Sophisticated Investor: Reverse mortgages: little to recommend them

SANTA MONICA, Calif. (MarketWatch) -- Take the memories and the money and move. That's what the government and financial representatives should be telling senior citizens when it comes to their home sales. Instead, reverse mortgages are the idea being pushed. See full story.

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